PUBLIC SUBMISSION

As of: March 20, 2012 Received: March 19, 2012 Status: Pending_Post Tracking No. 80fdafeb Comments Due: April 18, 2012 Submission Type: Web

Docket: BPD-2012-0001
Floating-Rate Notes

Comment On: BPD-2012-0001-0001
Public Input on the Development and Potential Issuance of Treasury Floating Rate Notes

Document: BPD-2012-0001-DRAFT-0002
Comment on FR Doc # N/A

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Submitter Information

Name: STEWART A. LEVIN
Address:

CENTENNIAL,  CO, 

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General Comment

While I don't see any great advantage to floating rate notes over TIPS for the retail investor, I would strongly urge that FRN's be available to individual investors via the TreasuryDirect system under the same noncompetitive terms/conditions as other Treasury securities.